On The Edge Podcast with Scott Groves

Today with the On The Edge Podcast, we’re talking to Rob Coldwell, one of my GoBundance friends who owns a company called Rent Well, which is all about property management. He’s evolved it to a fully integrated business and has opened up an investment wing of their own. Today we’ll be discussing the process of growing a business and the pros and cons of vertical integration. We also talk about addiction and how it affects a person working in a successful business.

WARNING: Discussions including suicide, addiction, and death occur during this conversation.

2:00 - What is a good property management company and what are you doing to run a good scaleable company?

9:00 - You mentioned that you have 4 different offices and it’s labor intensive. Where is this labor involved, is it with inspections, or actually fixing things?

14:50 - What does vertical integration mean, and why does it matter? How does it matter in a property management company?

23:40 - Where are you currently operating?

24:00 - Give us an example of something that was exciting to accomplish, one of the benefits of being directly involved with the clients

30:30 - What are some negative things that you have had to deal with, in the same regard.

38:30 - How many people are on your team?

39:30 - We discuss addiction and how Rob decided to join a program to help him escape that situation.

53:50 - You mentioned that success can mask a lot of problems people may have, which include addiction. Popular media has led us to believe that the only addicts out there are low-lifes, or people with no jobs. It’s fascinating to hear a story about a successful addict, do you have other stories about this?

1:04:30 - What are some takeaways you have from the book “The Untethered Soul?”

1:13:30 - This is an important story to hear because I feel that many of our listeners feel like the recovery process for you was easy because ‘you already made it’ or ‘because you’re rich,’ some kind of dismissive thought. Do you find trouble getting apathy from other people regarding the situation?

1:20:50 - How much has this journey helped you be more present with the challenges of raising children?

1:26:00 - Meditation and the GoGiver mentality.

1:34:30 - What’s your favorite movie and why?

This podcast is paid for and brought to you by.... by me, Scott Groves :-)   Because I think these kind of long form conversations are valuable, I pay for 100% of the production of this show out of my pocket.  This channel is FAR from monetization and because of the subject matter, may never be monetized.   I am a Mortgage Loan Officer & Loan Officer Coach in real life. It's the money that I earn, from helping home-buyers and home-owners obtain home-loans, that pays for this show. If you, your friends, or your family are looking for a home loan from an honest Loan Officer, please contact me at [email protected]  I can do the loan for you (our team is licensed in 8 states) - OR - I can refer you to an amazing loan officer in the state where you're searching. ON WITH THE SHOW!!!  New Full Episodes are released every THURSDAY at 10:00am and clips are released frequently throughout the week. SO MAKE SURE YOU SUBSCRIBE!!!

Hello Friends! Today with On The Edge Podcast we’re talking to Justin Skinner, who works in commercial real estate as well as short term residential, but more importantly is the Author of “Professional Failure.” We’ll covers some politics, health news, real estate chat, and growing pains of owning a business. Come join us!

We start the chat off talking about StarLInk. I’ve put money into it but have no idea what it is.

What does rural life look like living with the unspecified virus of YouTube demonitization if mentioned? Are people following the same safety protocol?

Lets talk about your journey into the commercial real estate world. How is it different than residential real estate? Is it harder, or actually easier? What did the journey look like for you?

How much of your work is actually helping a client acquire a property versus being their business advisor and psychologist for what they actually need?

What is a triple net lease?

Why don’t companies get into the real estate game? Why do huge companies like Dollar General and Starbucks lease instead of owning their land? McDonalds seems to do really well with that business plan.

What does a big commercial deal look like? Why would it take over a year for you to get paid on it?

You mentioned ‘Don’t fall in love with the property, fall in love with the opportunity,” what do you mean by that? Seems like almost the opposite of how buyers work in the residential real estate market.

What does financing look like when you purchase a commercial building?

Your book is called “Professional Failure,” let’s talk about some of your business failures and what inspired the book.

Let’s talk about one of the lessons you provide in your book “Professional Failure.”

You own some residential properties in medium-market areas instead of tourist areas. How did you decide to go with that market instead of cashing in on potentially big dollar markets?

Has the short to medium term rental market provided you any benefits, like financial freedom?

Anything you’re looking forward to in 2022?

Tell us something interesting about you outside of business.

Hello Friends! Today with On The Edge Podcast we’re talking to Justin Skinner, who works in commercial real estate as well as short term residential, but more importantly is the Author of “Professional Failure.” We’ll covers some politics, health news, real estate chat, and growing pains of owning a business. Come join us!

1:00 - We start the chat off talking about StarLInk. I’ve put money into it but have no idea what it is.

4:00 - What does rural life look like living with the unspecified virus of YouTube demonitization if mentioned? Are people following the same safety protocol?

7:00 - Lets talk about your journey into the commercial real estate world. How is it different than residential real estate? Is it harder, or actually easier? What did the journey look like for you?

11:00 - How much of your work is actually helping a client acquire a property versus being their business advisor and psychologist for what they actually need?

12:15 - What is a triple net lease?

14:40 - Why don’t companies get into the real estate game? Why do huge companies like Dollar General and Starbucks lease instead of owning their land? McDonalds seems to do really well with that business plan.

16:40 - What does a big commercial deal look like? Why would it take over a year for you to get paid on it?

19:45 - You mentioned ‘Don’t fall in love with the property, fall in love with the opportunity,” what do you mean by that? Seems like almost the opposite of how buyers work in the residential real estate market.

21:50 - What does financing look like when you purchase a commercial building?

24:30 - Your book is called “Professional Failure,” let’s talk about some of your business failures and what inspired the book.

26:30 - Let’s talk about one of the lessons you provide in your book “Professional Failure.”

30:10 - You own some residential properties in medium-market areas instead of tourist areas. How did you decide to go with that market instead of cashing in on potentially big dollar markets?

33:45 - Has the short to medium term rental market provided you any benefits, like financial freedom?

36:00 - Anything you’re looking forward to in 2022?

38:30 - Tell us something interesting about you outside of business.

This is an abbreviated version of the full podcast, also available here!

Today with On The Edge Podcast we’re talking to Darius Mirshahazadeh, who is a master at growing small businesses. Featured in The New York Times, Forbes, Fast Company, and Entrepreneur Magazine, he’s kind of a big deal and we’re proud to have him with us on the podcast today.

This is a bit of a 2 part podcast, the first half we talk about current events and politics, and the second half we talk about Darius’s business successes. To skip to the business half, go to 53:30

Darius is from Iran. We talk about the background of his name, where he’s from, and some details about the area he grew up. Why do so many people refer to themselves as “Persian” when there is no current place on the planet called Persia?

Scott talks about Crypto Currency

Darius owns a condo in Iran, and he explains what he can do with it to get some value out of it. We discuss the intricacies of doing business internationally from the USA to Iran.

There are a lot of risk evaluations when it comes to traveling to Iran from the US, and that brings up another subject of risk that we can’t specify directly in the notes. How do you think the USA is doing in terms of evaluating long-term risk regarding the current unspecified thing going on in the USA?

Nobody in the USA is actually as politically aligned with what they think they are. For example, the same people that want ’vaccine freedom’ also want to restrict abortion. Just an example.

We talk about pronouns and the evolution of communication between generations and how rapidly its changing.

People think we’re more divided than ever, but are we? We certainly have a ton of opinions and even more ways to share them, but less than 100 years ago, there was rampant murder and justice was much more swift. Are we really as divided as we think we are or do we just like to think that way?

Why do we give so much attention to the crazy people? Does the USA incentivize crazy? How is that Q group that we can’t specify actually in existence…how do they have people in the actual government?

What information is real and what is manufactured? Is what we hear from politicians and the media actually reflecting reality?

What’s it like talking to entrepreneurs about the state of financial America? Darius introduces the concepts in his book and how business is different today than how it was when our parents were our age.

The barrier of entry to start a business has never been lower, and it will keep getting lower. It’s much easier for people to start a business today. Naturally, we are seeing more business which means we are seeing more businesses fail as well as succeed. How do you see this changing over time and what can we do to prepare for the changes?

Is outsourcing helping or hurting our economy? Is it helping or hurting China’s economy?

Do we have a grasp on what a modern war between the USA and China would look like? Perhaps it will be much more digital than our traditional understanding of war. Scott discusses how we’ve already heard about this from previous presidential candidates.

Today with On The Edge Podcast we’re talking to Darius Mirshahazadeh, who is a master at growing small businesses. Featured in The New York Times, Forbes, Fast Company, and Entrepreneur Magazine, he’s kind of a big deal and we’re proud to have him with us on the podcast today.

This is a bit of a 2 part podcast, the first half we talk about current events and politics, and the second half we talk about Darius’s business successes. To skip to the business half, go to 53:30

2:00 - Darius is from Iran. We talk about the background of his name, where he’s from, and some details about the area he grew up. Why do so many people refer to themselves as “Persian” when there is no current place on the planet called Persia?

13:00 - Scott talks about Crypto Currency

15:00 - Darius owns a condo in Iran, and he explains what he can do with it to get some value out of it. We discuss the intricacies of doing business internationally from the USA to Iran.

20:00 - There are a lot of risk evaluations when it comes to traveling to Iran from the US, and that brings up another subject of risk that we can’t specify directly in the notes. How do you think the USA is doing in terms of evaluating long-term risk regarding the current unspecified thing going on in the USA?

23:00 - Nobody in the USA is actually as politically aligned with what they think they are. For example, the same people that want ’vaccine freedom’ also want to restrict abortion. Just an example.

26:00 - We talk about pronouns and the evolution of communication between generations and how rapidly its changing.

32:00 - People think we’re more divided than ever, but are we? We certainly have a ton of opinions and even more ways to share them, but less than 100 years ago, there was rampant murder and justice was much more swift. Are we really as divided as we think we are or do we just like to think that way?

34:00 - Why do we give so much attention to the crazy people? Does the USA incentivize crazy? How is that Q group that we can’t specify actually in existence…how do they have people in the actual government?

45:00 - What information is real and what is manufactured? Is what we hear from politicians and the media actually reflecting reality?

53:30 - What’s it like talking to entrepreneurs about the state of financial America? Darius introduces the concepts in his book and how business is different today than how it was when our parents were our age.

57:00 - The barrier of entry to start a business has never been lower, and it will keep getting lower. It’s much easier for people to start a business today. Naturally, we are seeing more business which means we are seeing more businesses fail as well as succeed. How do you see this changing over time and what can we do to prepare for the changes?

1:13:00 - Is outsourcing helping or hurting our economy? Is it helping or hurting China’s economy?

1:17:00 - Do we have a grasp on what a modern war between the USA and China would look like? Perhaps it will be much more digital than our traditional understanding of war. Scott discusses how we’ve already heard about this from previous presidential candidates.

Today with On The Edge Podcast, we’re talking with Matt Epenshade who has his own podcast called the Cut And Splice Podcast. Matt is a cinematographer, and for the most part, we’re gonna be talking about movies today. If you’re interested in movies, then this is the podcast for you!

HEADS UP: I’m not sure what happened here, but the audio on this podcast is NOT GREAT. It’s a great conversation though so I still wanted to get this out there for you all to hear.

We start off with some political talk about the movie industry. The industry historically leans left, but lately it seems like it’s maneuvered itself to more far left and less liberal.

What does ‘below the line’ and ‘above the line’ mean in the movie industry?

What does a cinematographer do?

Scott and Matt discuss their favorite movies.

Scott talks about why he never trusts the academy because Shakespeare in Love beat a much, much better movie, Saving Private Ryan. Because of this, Scott has avoided watching other Oscar winning movies because of their poor taste.

A discussion about War Movie “Come And See”

One of Matt’s must-watch movies is Dark City. It turns out that The Matrix is basically a rip-off of Dark City, down to even using some of the same set pieces.

Why do people love the movies so much?

A discussion about The Cohen Brothers.

Movies are created to entertain, however some movies seem to exist to disturb people. The creators of these movies must know that they will never be a cinema blockbuster, so why are they made?

A discussion about Libertarianism in the movie world. How do movies represent Libertarian values. Matt discusses that ‘the best libertarian movies are movies that are accidentally libertarian.’

A discussion about the Kyle Rittenhouse trial and outcome, and more importantly, the American people’s opinions about the whole situation that are largely misinformed.

Scott discusses how he got his DUI. The story of what happened and manipulation that he experienced during the trial very well may be why he is a libertarian and not a republican.

The discussion continues about falsely accused people and how there is an inherent bias in our justice system. There is a book called “Three Felonies A Day” which in short, is about how every American on average commits well, three felonies a day.

Some people are still in jail for marijuana crimes in states where marijuana is perfectly legal. This is just another example of how our justice system is overblown and how our country has a love relationship with locking people up.

Free Solo was a great movie that make your palms sweat the entire time. Scott and Matt discuss other movies that make your palms sweat!

Best and worst Star Trek movies.

What is the worst movie that you love?

Today with On The Edge Podcast, we’re talking with Matt Epenshade who has his own podcast called the Cut And Splice Podcast. Matt is a cinematographer, and for the most part, we’re gonna be talking about movies today. If you’re interested in movies, then this is the podcast for you!

HEADS UP: I’m not sure what happened here, but the audio on this podcast is NOT GREAT. It’s a great conversation though so I still wanted to get this out there for you all to hear.

1:00 - We start off with some political talk about the movie industry. The industry historically leans left, but lately it seems like it’s maneuvered itself to more far left and less liberal.

5:00 - What does ‘below the line’ and ‘above the line’ mean in the movie industry?

7:00 - What does a cinematographer do?

11:00 - Scott and Matt discuss their favorite movies.

16:00 - Scott talks about why he never trusts the academy because Shakespeare in Love beat a much, much better movie, Saving Private Ryan. Because of this, Scott has avoided watching other Oscar winning movies because of their poor taste.

21:00 - A discussion about War Movie “Come And See”

34:00 - One of Matt’s must-watch movies is Dark City. It turns out that The Matrix is basically a rip-off of Dark City, down to even using some of the same set pieces.

36:20 - Why do people love the movies so much?

39:00 - A discussion about The Cohen Brothers.

41:00 - Movies are created to entertain, however some movies seem to exist to disturb people. The creators of these movies must know that they will never be a cinema blockbuster, so why are they made?

46:40 - A discussion about Libertarianism in the movie world. How do movies represent Libertarian values. Matt discusses that ‘the best libertarian movies are movies that are accidentally libertarian.’

56:30 - A discussion about the Kyle Rittenhouse trial and outcome, and more importantly, the American people’s opinions about the whole situation that are largely misinformed.

1:03:50 - Scott discusses how he got his DUI. The story of what happened and manipulation that he experienced during the trial very well may be why he is a libertarian and not a republican.

1:10:00 - The discussion continues about falsely accused people and how there is an inherent bias in our justice system. There is a book called “Three Felonies A Day” which in short, is about how every American on average commits well, three felonies a day.

1:25:00 - Some people are still in jail for marijuana crimes in states where marijuana is perfectly legal. This is just another example of how our justice system is overblown and how our country has a love relationship with locking people up.

1:31:20 - Free Solo was a great movie that make your palms sweat the entire time. Scott and Matt discuss other movies that make your palms sweat!

1:33:35 - Best and worst Star Trek movies.

1:40:00 - What is the worst movie that you love?

This is an abbreviated version of the full podcast, also available here!

Today with On The Edge Podcast, we’re excited to talk to Author Suzanne Yatim Aslam. She’s here to talk about her book ‘ Post Pardon Me.” The book is about a woman’s spiral into post-pardon depression and anxiety and how she found her way out of it. We’ll get into the book and a whole bunch of other stuff so stick around for this great interview!

Suzanne introduces herself and her background. Suzanne is a first generation American who’s parents came from the Bethlehem area.

How does one go from escaping the Upper Peninsula to becoming Miss Arab USA?

Let’s talk about Human Rights. I get the impression that sometimes the USA is taking the definition of ‘human rights’ a little too far, which devalues the meaning of actual human rights worldwide. What do you think?

Scott talks about a trip he took to Palestine and Israel, one of the best and most informative trips he took in his life. Suzanne and Scott discuss religion and politics in the Middle East.

Where did the idea for your book come from? Was it easy to make the decision to have children? Why did you decide to move forward with having kids instead of not having them, especially if you weren’t confident about the decision?

It’s a lonely world after having a child and finding out that the whole situation is just super depressing. There’s this inner guilt that you’re supposed to be happy about the situation but for a lot of people it just isn’t.

Before Scott had kids, one of his friends gave him some great advice about the first few years of being a father. The truth is, it sucks most of the time. It seems like men seem to have this ‘bro talk’ with each other, but women don’t. Do you think that’s true and why do women do this to each other?

What was it like tackling the first emotions of having a child? Again, while the world says that everyone is supposed to just be super happy, that’s not the reality for many parents. Dads worry about providing, moms worry about losing their entire work and social life. Traditional roles vs different solutions become a problem. How long does this last and how do you get over it?

It takes a village to raise a kid. Is this really true? Did you experience this in your life?

Nobody says the truth about parenting when they’re going through the hard part. The truth is, many of us have the thought ‘I don’t like my kid.” You’re not supposed to say you don’t like your kid. This was part of the inspiration for Suzanne’s book, allowing parents to see that in print and know that they’re not the only ones having the thought.

We discuss the power of communication and couples asking each other exactly what they need and want.

Today with On The Edge Podcast, we’re excited to talk to Author Suzanne Yatim Aslam. She’s here to talk about her book ‘ Post Pardon Me.” The book is about a woman’s spiral into post-pardon depression and anxiety and how she found her way out of it. We’ll get into the book and a whole bunch of other stuff so stick around for this great interview!

1:20 - Suzanne introduces herself and her background. Suzanne is a first generation American who’s parents came from the Bethlehem area.

6:40 - How does one go from escaping the Upper Peninsula to becoming Miss Arab USA?

9:00 - Let’s talk about Human Rights. I get the impression that sometimes the USA is taking the definition of ‘human rights’ a little too far, which devalues the meaning of actual human rights worldwide. What do you think?

12:55 - Scott talks about a trip he took to Palestine and Israel, one of the best and most informative trips he took in his life. Suzanne and Scott discuss religion and politics in the Middle East.

21:00 - Where did the idea for your book come from? Was it easy to make the decision to have children? Why did you decide to move forward with having kids instead of not having them, especially if you weren’t confident about the decision?

24:00 - It’s a lonely world after having a child and finding out that the whole situation is just super depressing. There’s this inner guilt that you’re supposed to be happy about the situation but for a lot of people it just isn’t.

31:10 - Before Scott had kids, one of his friends gave him some great advice about the first few years of being a father. The truth is, it sucks most of the time. It seems like men seem to have this ‘bro talk’ with each other, but women don’t. Do you think that’s true and why do women do this to each other?

35:00 - What was it like tackling the first emotions of having a child? Again, while the world says that everyone is supposed to just be super happy, that’s not the reality for many parents. Dads worry about providing, moms worry about losing their entire work and social life. Traditional roles vs different solutions become a problem. How long does this last and how do you get over it?

41:30 - It takes a village to raise a kid. Is this really true? Did you experience this in your life?

49:00 - Nobody says the truth about parenting when they’re going through the hard part. The truth is, many of us have the thought ‘I don’t like my kid.” You’re not supposed to say you don’t like your kid. This was part of the inspiration for Suzanne’s book, allowing parents to see that in print and know that they’re not the only ones having the thought.

55:20 - We discuss the power of communication and couples asking each other exactly what they need and want.

This is an abbreviated version of the full podcast, also available here!

Today with On The Edge Podcast we’re talking to Dave Homyak who is a top tier Real Estate Agent focused in the Great Smokey Mountains selling cabins. Dave is here to talk to us about making enough passive income so we can all reach our big goal…retirement! Join us today as we learn about the world of Real Estate in the Great Smokey Mountains.

What motivated you to leave your normal job and start selling homes? What got you into Rental Arbitrage?

What is “Cash on Cash?” Where do you make the most amount of money with the least amount of payment? Short term rentals can net 2 1/2 times what long term rentals pay, so how do you leverage this and start making additional income?

Let’s talk about the Great Smokey Mountains and why they’re an attractive investment for you? What do rental properties cost in that area?

Is now a good time to invest in that area? People are always saying we’re at the top of the market, things are going to go down. The news is saying that the virus of unspecified origin is going to have a negative effect on the airbnb market. Is any of this true?

Scott and Dave discuss a real life example of the type of income Dave is seeing in the Great Smokey Mountains area.

What do the risks of investing in that area look like? Is the market susceptible to global pandemics, or ebbs and flows in visitation?

Let’s talk about the math of spending a little more to make a lot more in income. We use specific real world examples on how investing in your short-term rental home can result in larger returns.

Dave discusses a really cool short-term rental market tool called AirDNA. This is a service that can let you know what the market in your area is like. What are other rental homes renting for, based on size, location, and a ton of other criteria.

Where do you see the next big market emerging from? Do you see the market in the GSM shrinking? Are there any investment plans for the future?

What is your favorite movie and why?

Quickly- I'm Scott Groves - Husband, Father, Loan Officer, Coach, Author, Podcaster, and Recent Blue Belt in Brazilian Jiu-Jitsu.   This podcast is paid for and brought to you by.... by me, Scott Groves :-)   Because I think these kind of long form conversations are valuable, I pay for 100% of the production of this show out of my pocket.

This channel is FAR from monetization and because of the subject matter, may never be monetized.   I am a Mortgage Loan Officer & Loan Officer Coach in real life. It's the money that I earn, from helping home-buyers and home-owners obtain home-loans, that pays for this show. If you, your friends, or your family are looking for a home loan from an honest Loan Officer, please contact me at [email protected]  I can do the loan for you (our team is licensed in 8 states) - OR - I can refer you to an amazing loan officer in the state where you're searching.

ON WITH THE SHOW!!!  New Full Episodes are released every THURSDAY at 10:00am and clips are released frequently throughout the week. SO MAKE SURE YOU SUBSCRIBE!!!